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August, 2010
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| If You’re Serious about Buying a Business
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A serious buyer should have the answers to the following questions before looking into purchasing a business.
Why are you consideringbuying a business at this time?
What is your time-frame to find a suitable business?
Are you open-minded about different opportunities, or are you looking for a specific business?
Have you set aside an amount of capital that you are willing to invest?
Do you really want to be in business for yourself?
Are you currently employed or u
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| Five Pointers When Thinking of Selling a Business
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Everything always has a beginning, middle and an end. This is true when you look at business ownership. Any business owner will inevitably start thinking of selling their business somewhere down the road. The smart business owner will start planning to sell when they’ve bought it through planning their marketing and growth. Regardless of when you start thinking of selling, there are five tips you should know.
Resolve Any Current Business Problems
The last thing any buyer wants is to buy
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| Incorporate Valuations into Your Presentation
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When you are meeting with a prospective client, it’s important to offer performing a business valuation. There are ways to effectively present the valuation to the client, showing the advantages to both the seller and buyer, which valuation is right for the client and using the right technique to be successful.
Approaches to Offering Business Valuations
There are three common approaches you can use when going forward to offer a business valuation to a client:
Require the valuat
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